Agnico Eagle Stock Forecast - Daily Balance Of Power

AEM Stock  USD 78.16  0.80  1.03%   
Agnico Stock Forecast is based on your current time horizon. Although Agnico Eagle's naive historical forecasting may sometimes provide an important future outlook for the firm, we recommend always cross-verifying it against solid analysis of Agnico Eagle's systematic risk associated with finding meaningful patterns of Agnico Eagle fundamentals over time.
  
As of the 22nd of December 2024, Fixed Asset Turnover is likely to grow to 5.78, while Inventory Turnover is likely to drop 1.94. . As of the 22nd of December 2024, Common Stock Shares Outstanding is likely to grow to about 514.4 M. Also, Net Income Applicable To Common Shares is likely to grow to about 809.3 M.
On December 16, 2024 Agnico Eagle Mines had Daily Balance Of Power of (0.78). Balance of Power indicator (or BOP) measures the strength of Agnico Eagle Mines market sensitivity to bulls and bears. It estimates the ability of Agnico Eagle buyers and sellers to push price to an extreme high or extreme low level. As a result, by monitoring Agnico Eagle Balance of Power indicator one can determine a trend of the price direction.
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Agnico Eagle Trading Date Momentum

On December 17 2024 Agnico Eagle Mines was traded for  81.73  at the closing time. Highest Agnico Eagle's price during the trading hours was 82.14  and the lowest price during the day was  81.06 . The net volume was 1.4 M. The overall trading history on the 17th of December 2024 contributed to the next trading period price depreciation. The overall trading delta to the next next day price was 1.10% . The overall trading delta to current price is 6.27% .
Balance of Power indicator was created by Igor Livshin to predict asset short term price movements or warning signals. If Balance of Power indicator is trended towards the high of its range it will signify that the bulls are in control. On the other hand when the BOP indicator is moving towards the lows of its range it signifies that the bears are in control. If the indicator move from a high positive range to a lower positive range it signifies that the buying pressure is decreasing. Conversely, if the indicator move from a low negative range to a higher negative range it signifies that the selling pressure is decreasing.
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Other Forecasting Options for Agnico Eagle

For every potential investor in Agnico, whether a beginner or expert, Agnico Eagle's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Agnico Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Agnico. Basic forecasting techniques help filter out the noise by identifying Agnico Eagle's price trends.

Agnico Eagle Related Equities

One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Agnico Eagle stock to make a market-neutral strategy. Peer analysis of Agnico Eagle could also be used in its relative valuation, which is a method of valuing Agnico Eagle by comparing valuation metrics with similar companies.
 Risk & Return  Correlation

Agnico Eagle Mines Technical and Predictive Analytics

The stock market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of Agnico Eagle's price movements, a comprehensive understanding of forecasting methods that an investor can rely on to make the right move is invaluable. These methods predict trends that assist an investor in predicting the movement of Agnico Eagle's current price.

Agnico Eagle Market Strength Events

Market strength indicators help investors to evaluate how Agnico Eagle stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Agnico Eagle shares will generate the highest return on investment. By undertsting and applying Agnico Eagle stock market strength indicators, traders can identify Agnico Eagle Mines entry and exit signals to maximize returns.

Agnico Eagle Risk Indicators

The analysis of Agnico Eagle's basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in Agnico Eagle's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting agnico stock prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.

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When determining whether Agnico Eagle Mines is a strong investment it is important to analyze Agnico Eagle's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Agnico Eagle's future performance. For an informed investment choice regarding Agnico Stock, refer to the following important reports:
Check out Historical Fundamental Analysis of Agnico Eagle to cross-verify your projections.
You can also try the Idea Analyzer module to analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas.
Is Metals & Mining space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Agnico Eagle. If investors know Agnico will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Agnico Eagle listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
2.245
Dividend Share
1.6
Earnings Share
1.98
Revenue Per Share
15.68
Quarterly Revenue Growth
0.312
The market value of Agnico Eagle Mines is measured differently than its book value, which is the value of Agnico that is recorded on the company's balance sheet. Investors also form their own opinion of Agnico Eagle's value that differs from its market value or its book value, called intrinsic value, which is Agnico Eagle's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Agnico Eagle's market value can be influenced by many factors that don't directly affect Agnico Eagle's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Agnico Eagle's value and its price as these two are different measures arrived at by different means. Investors typically determine if Agnico Eagle is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Agnico Eagle's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.